Quick Links

Mission

A suitable codification system for all the items used by SMC to facilite Material
Management Functionsand Computerized Operations.õ

Identification of " Stock" and " Non-Stock" items in order
that the inventory of " Stock" items can be managed with the help of
pre-determined "Safety Stock", Re-Order and" Maximum" levels
to facilitate materials planning to ensure optimum inventory.

Timely generation of meaningful material management information reports [ I.e.
ABC Analysis, XYZ Analysis , FSN Analysis, Demand issue Summary, store balance
status etc] to facilitate operations as well as to keep concerned top management
informed of the current situation, so that management control can be exercised
for improvement of the functioning of the material management system.

The four basic management functions of Planning , Directing , Organizing and Controlling
can be applied in the area of Material Management in order to make continued improvements.

Functions

The Central Stores Department was established in 1971, as resolved in General Board
R.No.188, dtd.12-10-1971, for centralized. procurement, stocking and distribution
of materials for the demand of various departments of SMC.

The main functions of Central Stores Department are:

Quality Consciousness.

The procurement is being done centrally as per the demand received from the various
users department of the SMC, therefore, the material can be purchased at a fairly
reasonable, competitive price.

Monitoring the "Stocking" of the material looking the "Safety Stock”,
"Re-Order" and "Maximum" levels.

Effective distribution of the materials as per demand and Budget provisions.

The presently the distribution of the material is being done from the following stores: